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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)
Strong Uptrend (+100) - SARJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SARJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SARJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SARJPY
The long-term trend has been UP since Nov 5th, 2024 at 40.965371
The intermediate-term trend has been UP since Dec 18th, 2024 at 41.182009
The short-term trend has been UP since Dec 4th, 2024 at 40.014375
Smart Scan Analysis for SARJPY
Based on our trend formula, SARJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.777789 | 41.907953 | 41.756867 | 41.907953 | +0.130164 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.921390 | 2024-12-24 17:13:34 |